Market revenue in 2023 | USD 11,831.5 million |
Market revenue in 2030 | USD 17,343.1 million |
Growth rate | 5.6% (CAGR from 2023 to 2030) |
Largest segment | Polyethylene (pe) |
Fastest growing segment | Ethylene-Vinyl Acetate (EVA) |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Polyethylene (PE), Polypropylene (PP), Ethylene-Vinyl Acetate (EVA), Thermoplastic Polyolefins (TPOs), Polyoxymethylene (POM), Polycarbonate (PC), Polymethyl Methacrylate (PMMA) |
Key market players worldwide | China Petroleum & Chemical Corp Class H, LyondellBasell Industries NV Class A, PetroChina Co Ltd Class H, TotalEnergies SE, Chevron Corp, Repsol SA, Dow Inc, Exxon Mobil Corp, Braskem SA ADR, OMV AG |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyolefin market will help companies and investors design strategic landscapes.
Polyethylene (pe) was the largest segment with a revenue share of 37.4% in 2023. Horizon Databook has segmented the Australia polyolefin market based on polyethylene (pe), polypropylene (pp), ethylene-vinyl acetate (eva), thermoplastic polyolefins (tpos), polyoxymethylene (pom), polycarbonate (pc), polymethyl methacrylate (pmma) covering the revenue growth of each sub-segment from 2018 to 2030.
Australia's ambitious infrastructure pipeline project (planned series of infrastructure development initiatives that are scheduled or expected to be carried out over a specific period) worth USD 120 billion and its focus on areas such as transportation, energy, and social infrastructure, are directly influencing the demand for polyolefins.
As Australia invests in major infrastructure projects, there is a growing need for high-quality materials like polyolefin. Polyolefins are used in construction for their robustness against harsh conditions, lightweight nature, corrosion resistance, and cost-effectiveness.
The implementation of the National Urban Policy in Australia is further fueling the growth of the polyolefin market. The policy's emphasis on sustainable urban development aligns with the use of polyolefins in construction applications.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia polyolefin market , including forecasts for subscribers. This country databook contains high-level insights into Australia polyolefin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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